The Firm represented J.P. Morgan Securities Inc., as sole bookrunner, and other underwriters in connection with the public offering of 8,030,951 shares of common stock of Polypore International, Inc., for an aggregate public offering price of over $190 million. Polypore’s common stock is listed on the New York Stock Exchange under the symbol “PPO.”
Based in Charlotte, North Carolina, Polypore is a leading global high technology filtration company that develops, manufactures and markets specialized microporous membranes used in separation and filtration processes. Its microporous membranes can be found in an array of markets and products, from lithium batteries, used in mobile phones and laptop computers, to healthcare applications.
The Simpson Thacher team for the transaction included Gary Sellers, Edgar Lewandowski and Mark Chorazak (Corporate), Jonathan Cantor (Tax), Julie Levy (Labor), Susan Kaufman (Executive Compensation & Employee Benefits), Adeeb Fadil and Noreen Lavan (Environmental), Marcela Robledo (Intellectual Property) and Mark Lab and Andrew Pagliughi (FINRA and Blue Sky).